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$389,900

$399,000

8973 Pearson Rd, Ore City, TX, 75683

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.93 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesRefrigerator, Electric Water Heater

Building Information

Garage Spaces1

About this property

THIS UNIQUE AND VERSATILE MULTI-INCOME-PRODUCING PROPERTY SITS IN THE COUNTRYSIDE OF ORE CITY, OUTSIDE THE CITY LIMITS, ON 10 BEAUTIFUL UNRESTRICTED ACRES. APPROXIMATELY 5 ACRES ARE FENCED FOR LIVESTOCK, MAKING IT IDEAL FOR A SMALL RANCH OR HOMESTEAD. OFFERING ENDLESS POTENTIAL, THE PROPERTY FEATURES A HEATED AND COOLED 30X50 SHOP THAT IS PARTIALLY FINISHED WITH SHEETROCK AND INCLUDES A BATHROOM AND LAUNDRY AREA. IT COULD EASILY BE COMPLETED INTO LIVING QUARTERS OR CONTINUE TO SERVE AS AN INCOME-PRODUCING BUSINESS SPACE. THE SHOP ALSO INCLUDES A SPACIOUS 25X30 LEAN-TO ON THE REAR AND AN 11X25 COVERED FRONT PORCH OVERLOOKING A SMALL POND THAT ADDS TO THE PEACEFUL SETTING. IN ADDITION TO THE SHOP, THE PROPERTY INCLUDES TWO SEPARATE 3-BEDROOM, 2-BATH MOBILE HOMES, OFFERING EVEN MORE INCOME POTENTIAL. ACCORDING TO COUNTY RECORDS, ONE HOME IS APPROXIMATELY 1,368 SQUARE FEET AND THE OTHER IS APPROXIMATELY 1,064 SQUARE FEET. BOTH FEATURE COVERED FRONT AND REAR PORCHES AND COULD BE USED AS RENTAL PROPERTIES OR GUEST RESIDENCES. ONE HOME IS CURRENTLY VACANT, WHILE THE OTHER IS TENANT-OCCUPIED AT $850 PER MONTH THROUGH OCTOBER 15. WITH MULTIPLE STRUCTURES, FLEXIBLE USE OPTIONS, AND NO RESTRICTIONS, THIS PROPERTY IS A RARE OPPORTUNITY FOR INVESTMENT, MULTI-GENERATIONAL LIVING, OR A LIVE/WORK SET UP IN THE COUNTRY.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Jason Brown

TX Farms & Ranches/Park Village

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Ore City

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8973 Pearson Rd | Property Details | No Agent List